Cost Of Living Increase 2024 Estimate Usa. In 2022, americans spent 33.3% of their income on housing, per the bureau of labor statistics. Bureau of labor statistics (bls), consumer prices rose 3.2 percent from february 2023 to february 2024, with the cost of food specifically increasing 2.2.

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. Gross rent as a share of household income in the u.s.